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Three Wheels United Partners With Porter to Help Auto Drivers Shift to EV

Three Wheels United (TWU), a Bengaluru based tech-enabled financier of light electric vehicles, announced today that it has ventured into the cargo segment through a partnership with Porter, a leading intra-city logistics company based in Delhi. Through this partnership, the firm will facilitate loans for partner drivers of Porter to easily switch from conventional cargo […]

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State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points

State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […]

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University of Birmingham Teams up with ARAI on Transport Research

The University of Birmingham and ARAI have signed an MoU agreeing to identify joint research interests in the transport sector including EVs. The University of Birmingham and The Automotive Research Association of India (ARAI) based in Pune, India, have signed a Memorandum of Understanding (MoU) agreeing to identify joint research interests in the fields of […]

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State-Owned and Private Discoms on two Ends of the Spectrum: ICRA

The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […]

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Monitoring and Evaluation Officer

Incumbent will be responsible for : The Reporting, Monitoring and Evaluation Specialist will be responsible for the design and implementation of the monitoring and evaluations plans, strategies and activities for the various projects and activities developed within ISA. He/she will also have a key role for the due reporting process with the objective of systematically […]

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Meghalaya to Adopt 15% EVs by 2025, Under EV Policy 2021

The Transport Department of Meghalaya has released the ‘Meghalaya Electric Vehicle Policy 2021’ to facilitate the adoption of at least 15 percent EVs in the State by 2025.  The government has decided to Go Green as it is aiming to add around 20,000 EVs in the State during the policy period. This will save about […]

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3-Wheeler Manufacturer Piaggio Enters EV Industry, Launches Ape e-Xtra FX Segment

The pioneer of 3-wheeler goods transportation in India, Piaggio Vehicles has entered the electric vehicle (EV) industry. Piaggio has launched a new e-cargo segment, Ape’ e-Xtra FX. The company has launched this FX range (fixed battery) of EVs in both the cargo and passenger segments, as it has also launched the 2021 version of its […]

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All Delhi Officials Will Commute in EVs, Request 4W Owners to Switch: Gahlot

Delhi Transport Minister Kailash Gahlot has announced that all leased or hired cars to be used by Delhi government officials for commute will be electric vehicles (EVs) within the coming six months. The Minister also requested all four-wheeler owners in the city to switch to EVs. Also, he claimed that the subsidies being offered by […]

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